2007 M&A Outlook

IN THIS ISSUE:

As we enter 2007, Updata celebrates 20 years of serving our clients with superior information technology (IT) M&A advisory services amidst a highly active market. In Updata Capital’s 2007 Outlook, we provide our thoughts on factors influencing M&A activity across major sub-sectors of the information technology industry including:   Infrastructure Software: Adoption of virtualization technologies and service-oriented architecture (SOA) is presenting new convergence opportunities across the stack, sustaining M&A activity and rising multiples.  Read More >> IT Security: With record levels of consolidation in 2006, the sector is poised for accelerated consolidation in 2007 with valuations holding or improving as larger technology vendors seek to provide end-to-end solutions.  Read More >> Application Software: Strategic and financial buyers are vying for innovative companies leveraging SaaS, business analytics, service-oriented architecture (SOA) and open source technologies to address new markets.  Read More >>  Internet: Web 2.0’s strong deal activity with high valuations for smaller deals is differentiated by targets showing greater revenues and clearer paths to profitability.  Read More >>  IT Services: Key trends include bi-directional acquisitions between U.S. outsourcing firms and their offshore counterparts, strategic acquisitions of software technologies and private equity buyouts.  Read More >>